Quote from: franky1 on May 28, 2017, 07:04:17 PM

Quote from: dinofelis on May 28, 2017, 06:34:30 PM

Quote from: European Central Bank on May 28, 2017, 03:30:50 PM

51% the shit out of the blockchain to reshape it how you wanted it?

This. Without the slightest hesitation.

first you claimed nashian religion of bitcoin with nash as satoshi

You're confusing me with Iamnotback. I tried to convince Iamnotback that Nash couldn't be Satoshi, because Nash was too smart to be Satoshi, he would not have committed so many cryptographic idiocies ; moreover, I'm indeed thinking that bitcoin's demise is the fact that it sticks to gold bug economics (collectibles) and hence will never be Nash ideal money.

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then you claimed you knew all about bitcoin but failed understanding of consensus

I understand perfectly well consensus: it is a Nash equilibrium. Most bitcoiners however, don't understand consensus, because they don't now much about game theory. They think that consensus is "the central authority proposes, we all accept, and that's it" or something of the kind. Consensus is a game-theoretical notion in decentralized systems, called a Nash equilibrium.

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now you want to split bitcoin...
you are obviously not interested in bitcoin and just want to disrupt it.
so please either spend 6 months learning bitcoin. or go play with your fiat and stop making bad judgements of bitcoin

I think that someone who doesn't even understand elementary mining dynamics shouldn't tell others what to do Wink

Bitcoin has a broken design beyond repair. This is why I would like to make something that works better as it was intended, but it is now way, way way too late for bitcoin to adapt, unless forced to.

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looking at Dinos other posts..

Quote from: dinofelis on May 28, 2017, 02:43:42 PM

I don't see why a chain split is to be avoided ; I would say, on the contrary: the more it splits, the more different versions can compete in the market, and the better the outcome will be.

its obvious he doesnt know about the network and only wants to split the network many many times to multiply coins so he can get rich before running back to fiat.
guys like this care nothing about bitcoins longevity.

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No, I think the first thing a crypto SHOULDN'T do if it has the pretension to become a currency, is to offer the possibility to become rich with it by sitting on one's stash. That's one of the big failures of bitcoin: you can become rich with it. As such, it is a lost cause for a currency. With a Nash ideal money, you can't become rich, and that's the beauty of it. Becoming rich without production of some sort of value is an obvious distortion of optimal allocation of resources, and a good currency is exactly such that it doesn't bring such distortions. It is *one* of the many failures of bitcoin.

Mind you, I do not think that *everything* in bitcoin is wrong. The invention of a decentralized consensus system that keeps all actors on an immutable protocol is the outright genius invention of Satoshi. But he didn't see that himself (or pretended not to see it).